NVDA
NVIDIA
-- 144.470 TSLA
Tesla
-- 410.440 PLTR
Palantir
-- 79.890 CRNC
Cerence
-- 19.330 MSTR
MicroStrategy
-- 339.660 
$MicroStrategy (MSTR.US)$ will probably find out tomorrow th...
$MicroStrategy (MSTR.US)$ will probably find out tomorrow that Michael Saylor bought more Bitcoin today and he sold stock to buy the Bitcoin..
so he's the one dumping stock to raise money to buy Bitcoin
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37+ yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker.
R/Everythingstocks
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BFSkinner : Yeah idk about saylor. Can he fucking take a chill pill for a second and not dilute so shareholders have a fucking chance that greedy pos
10baggerbamm OP BFSkinner : in one of his interviews a week and a half ago he came out and he said that the first quarter of next year he's going to focus on building shareholder equity again.. except I think he uses the stock as his ATM constantly.. and it's okay when bitcoins going up but when you've got this sideways gyration or slightly down every short seller attacks the stock constantly
ahhao : Eh… the only premise and valuation is from saylor accumulating BTC by leverage. If he don’t sell convertible bonds and issue equities, there is no reason for it to exist other than just a failing software company.
smoothshoe BFSkinner : You have to have a strong stomach to own MSTR. You won't be calling him greedy when the price shoots back over $1,000.
Shroomie BFSkinner : no.. that's the companies business model. sell shares to buy bitcoin. he is even trying to double the amount of shares so he can sell more in the future. it's just dilution and downward pressure until bitcoin hits the next big rally
Numenor : The fact that that the dilution is accretive is what people need to remember. It seems like to me there are a lot of complex things going on here with sentiment, the price action recently isn't that closely correlated to BTC. It appears that this short term price action is frustrating to retail. There are just too many moving parts. Long term is a good outlook though.
BFSkinner Shroomie : It’ll never be ‘enough’ for these rich elites. Will never be able to spend it all in a lifetime just infinite greed at the expense of others
10baggerbamm OP Shroomie : I saw that he doesn't want to double it he wants to make it like a billion shares some asinine amount that he can sell in perpetuity it's basically giving him a blank check anytime he wants to dilute the fuck out of shareholders. and as long as Bitcoin goes to 150 $200,000 he's a hero if Bitcoin stays here or drifts lower this stock will crash hard.
it's going to be interesting when they convert their accounting next year to see with his convertibles where he's yielding this huge profit right out of the gate and he tells everyone I made 400 million this week 300 million this week to see actually what is recorded for taxes and what is recognized as actual profits per share.. because we sure and hell no one thing it's not coming from the software business
10baggerbamm OP BFSkinner : oh you're right but wouldn't you like to try
Jamesjinlin : Anyway, he got Bitcoin, and in the end, the stocks turned into junk. The stupid Stocks investor lost all his family's assets.
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